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Nvidia Rides Fierce Blackwell Demand Toward Stock Record Again.
- Source :
- Bloomberg.com; 10/15/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Nvidia's shares are surging as the company addresses concerns about product delays and its long-term growth. The CEO confirmed that the Blackwell chip is in full production and demand for it is high. Major companies like Microsoft are investing heavily in artificial intelligence, further boosting Nvidia's prospects. Analysts expect Nvidia's revenue to more than double this fiscal year, and the company remains well-positioned to capitalize on the AI opportunity. [Extracted from the article]
- Subjects :
- NASDAQ 100 index
STOCK prices
BUSINESS enterprises
CAPITAL investments
ROAD maps
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 180277603